Business
WSFS CARES Foundation Provides $15,000 in Grants to Seven Local Nonprofits in Conjunction with the Satell Institute CEO Conference
WILMINGTON, Del., July 18, 2022 (GLOBE NEWSWIRE) -- The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has
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[{"type":"text","content":"WILMINGTON, Del., July 18, 2022 (GLOBE NEWSWIRE) -- The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided $15,000 in grants to be split among seven local nonprofit organizations as part of the Satell Institute’s recent CEO Conference “Impact 2022: A New Era in CSR.” As Chair of this year’s CEO Conference, Rodger Levenson, Chairman, President and Chief Executive Officer of WSFS, committed to donating to various attending nonprofits. Loree D. Jones, Chief Executive Officer of Philabundance, and Alan J. Cohn, CFP, Co-President, Co-Founder of Sage Financial Group, were given the opportunity to select the grant awardees and chose the following organizations: Chester County Food Bank (Exton, Pa.) – $5,000Philabundance (Philadelphia, Pa.) – $5,000African American Chamber of Commerce (Philadelphia, Pa.) – $1,000Coded By Kids (Philadelphia, Pa.) – $1,000Make the World Better Foundation (Philadelphia, Pa.) – $1,000PAR-Recycle Works (Philadelphia, Pa.) – $1,000Philadelphia Youth Basketball (Philadelphia, Pa.) – $1,000 “It was an honor to serve as Chair of this year’s Satell Institute CEO Conference, and we thank and congratulate Loree and Alan for their contributions in making the conference a success,” said Levenson. “We are proud to provide grants to these seven deserving nonprofits whose work closely aligns with the core tenets of the WSFS CARES Foundation by investing in improving communities and fostering a spirit of inclusion and diversity.” “During my first opportunity to participate in a Satell Institute program, I was struck by far more than the caliber of corporate and civic leaders in the room,” said Kenny Holdsman, Co-founder and CEO of Philadelphia Youth Basketball. “The quality of learning through tabletop conversations, plenary session panels, and of course the informal networking was of high value and filled with candor and generosity of spirit. I look forward to becoming more deeply involved with the work and mission of the Satell Institute. We would also like to thank Alan Cohn for selecting Philadelphia Youth Basketball as one of the organizations receiving this generous contribution from WSFS.” “As we continue to face rising costs and rising need in Chester County, we are thankful for the support of our community, and specifically our business community partners like...